2023
Flag  
GDP
$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH
86%CURRENT US$
Rnk 21 / 195
2023
Flag
 GDP
$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH
17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC 
$3,232CURRENT US$
Rnk 141 / 195
2013-2023
Flag
GDP PC GROWTH
55.3%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC
$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH
9.44%CURRENT US$
Rnk 135 / 195

About

Honduras-Argentina Trade: In 2023, Honduras exported $2.15M to Argentina. The main products that Honduras exported to Argentina were Insulated Wire ($1.21M), Knit T-shirts ($316k), and Coffee ($272k). Over the past 5 years the exports of Honduras to Argentina have decreased at an annualized rate of 20.7%, from $6.84M in 2018 to $2.15M in 2023.

In 2023, Honduras did not export any services to Argentina.

Argentina-Honduras Trade: In 2023, Argentina exported $145M to Honduras. The main products that Argentina exported to Honduras were Delivery Trucks ($118M), Packaged Medicaments ($5.45M), and Cars ($4.35M). Over the past 5 years the exports of Argentina to Honduras have increased at an annualized rate of 14.7%,  from $72.7M in 2018 to $145M in 2023.

In 2023, Argentina did not export any services to Honduras.

Comparison: In 2023,  Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Honduras exported $2.15M to Argentina. The main products exported from Honduras to Argentina were Insulated Wire ($1.21M), Knit T-shirts ($316k), and Coffee ($272k). During the last 5 years the exports of Honduras to Argentina have decreased at an annualized rate of 20.7%, from $6.84M in 2018 to $2.15M in 2023.

In 2018, Argentina exported $145M to Honduras. The main products exported from Argentina to Honduras were Delivery Trucks ($118M), Packaged Medicaments ($5.45M), and Cars ($4.35M). During the last 5 years the exports of Argentina to Honduras have increased at an annualized rate of 14.7%, from $72.7M in 2023 to $145M in 2018.

Exports from Honduras (Flag) to Argentina (Flag) (2023)

Exports from Argentina (Flag) to Honduras (Flag) (2023)

Latest Data

Trade between Honduras (Flag) and Argentina (Flag)

Honduras Exports

Argentina Exports

Market Competitiveness

Color
Honduras
Top Destination
United States$5.87B
Argentina
Top Destination
Brazil$12.1B

This map shows whether countries import more from Honduras or Argentina. Each country is colored based on the difference in imports they receive from Honduras and Argentina or the difference in the growth in imports.

In 2023, countries that imported more from Honduras than Argentina included Nicaragua ($980M), El Salvador ($796M), and Guatemala ($616M).

In 2023, countries that imported more from Argentina than Honduras included Brazil ($12.1B), Chile ($5.57B), and China ($5.36B).

Difference in imports from Argentina (Flag) and Honduras (Flag) (2023)

Comparative Advantage Honduras - Argentina

Flow
Scale

This chart compares trade between Honduras and Argentina by product, considering products traded by both, Honduras and Argentina.

During 2023, Honduras had a large net trade with Argentina in the exports of Machines ($1.23M), Textiles ($396k), and Vegetable Products ($272k).

During 2018, Argentina had a large net trade with Honduras in the exports of Transportation ($123M), Chemical Products ($8.12M), and Foodstuffs ($4.03M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Honduras Argentina+$4.72kInsulated Wire
Top Product Potential Argentina Honduras+$4.86kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Honduras and Argentina. This means that a dot/product with the flag of Honduras indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Honduras.

Product Space of Honduras (Flag) and Argentina (Flag) (2023)

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